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S. 2490

TRID Improvement Act of 2018

TRID Improvement Act of 2018

This bill amends the Real Estate Settlement Procedures of 1974 to modify disclosure requirements applicable to mortgage loan transactions. Specifically, the disclosed charges for any title insurance premium shall be equal to the amount charged for each individual title insurance policy, subject to any discounts as required by either state regulation or the title company rate filings.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Scott, Tim [R-SC](R-SC)Sponsor
7 cosponsors3 D4 R
7cosponsors1committees2actions3related bills
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

TRID Improvement Act of 2018 — Informed